Email this article

Motorola Inc. said in a regulatory filing that it is involved in an ongoing investigation by the Securities and Exchange Commission regarding Adelphia Communications Corp.

The company added that on June 23, Adelphia objected to Motorola’s claim for payment and asserted “causes of action including preferences, avoidance of liens, fraudulent transfers, equitable subordination and aiding and abetting fraud” as part of the ongoing Adelphia bankruptcy action.